April 26, 2022 @ 4:59 pm By JD Alois  |  

Scott Purcell, the founder of Prime Trust (and Fund America) and former CEO, is moving into the NFT or non-fungible token market, aiming to provide “peace of mind” and security for these digital assets – somewhat similar to what he did for other assets. In… Read More

April 26, 2022 @ 4:42 pm By JD Alois  |  

Starling Bank, a top digital bank operating in the UK, has raised more money. According to multiple reports, Starling has raised £130 million at a £2.5 billion valuation. It was reported that Starling may use some of the new money to target acquisitions to complement… Read More

April 26, 2022 @ 12:20 pm By JD Alois  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset exchange, has announced two new members for its Board of Directors. De’Ana Dow, partner and general counsel at Capitol Counsel, LLC, and Jill Simeone, Chief Legal Officer and Corporate Secretary at Etsy (NASDAQ: ETSY). Dow is described… Read More

April 26, 2022 @ 12:11 pm By JD Alois  |  

In recognition of the 10-year anniversary of the signing of the JOBS Act of 2012 – the legislation that legalized online capital formation, SeedInvest and parent company Circle have announced a Community Pitch Competition. The goal is to provide access to capital, networking, and business-building… Read More

April 26, 2022 @ 10:32 am By JD Alois  |  

Fidelity has long had an interest in the emerging digital asset sector and today the company is taking it a step further by enabling users of its service to hold Bitcoin in 401K retirement plans. Fidelity’s workplace Digital Assets Account (DAA) is said to be… Read More

April 26, 2022 @ 9:34 am By JD Alois  |  

Honeycomb Credit, a bank replacement regulated Funding Portal, has announced a partnership with Upstart Co-Lab, to offer a “first-of-its kind loan crowdfunding platform.” The new platform will enable institutional investors to participate in crowdfunded loan offerings for small businesses in creative industries across the US…. Read More

April 26, 2022 @ 9:20 am By JD Alois  |  

OCBC Bank and MetaVerse Green Exchange (MVGX) – both based in Singapore, will partner on a digital exchange for carbon credits. MVGX is a “digital green exchange” licensed and regulated by the Monetary Authority of Singapore. OCBC Bank is the longest established Singapore bank and… Read More

April 26, 2022 @ 9:07 am By JD Alois  |  

Intigriti, a bug bounty and vulnerability disclosure platform, has raised €21,133,700 million in a Series B funding round, according to a company statement. The funding was led by Octopus Ventures, along with the Germany-based fund EnBW New Ventures. Previous investors and Intigriti’s largest shareholder, ETF… Read More

April 25, 2022 @ 7:37 pm By JD Alois  |  

The Ontario Securities Commission (OSC) has announced 7 firms that will participate in its Fintech sandbox called TestLab. The OSC TestLab is a dedicated testing environment for firms to try out new approaches to regulation aimed at reducing burden, promoting economic growth, and fostering capital… Read More

April 25, 2022 @ 6:19 pm By JD Alois  |  

Last week it was reported that stablecoin project Beanstalk had been the target of an attack where up to $181 million in value was stolen. Beanstalk is a “decentralized credit-based stablecoin protocol that is built on Ethereum. ” The premise being that other stablecoins have… Read More

April 25, 2022 @ 6:10 pm By JD Alois  |  

NYCE, a real estate investment platform, indicates in a recent filing that it intends to trade on BSTX, a regulated securities exchange. NYCE raised funding via several Reg CF offerings as well as a side-by-side Reg D 506c offering. First, in August 2020, NYCE raised… Read More

April 25, 2022 @ 5:00 pm By JD Alois  |  

Regulation Crowdfunding (Reg CF) funding has dipped in Q1 2022 in comparison to Q1 2021, according to Crowdfund Capital Advisors (CCA). CCA states that US investment crowdfunding-backed companies raised $133 million in 1038 offerings during the quarter. Meanwhile, 226 issuers closed offering rounds a decline… Read More

April 25, 2022 @ 4:38 pm By JD Alois  |  

This is kind of interesting. Talmon Joseph Smith, an NYTimes.com economic reporter, is Tweeting that at least some Twitter  (NYSE:TWTR) employees are struggling with Elon Musk’s purchase of the social media company. Quoting internal slack discussions, at least one employee said they “feel like im… Read More

April 25, 2022 @ 4:25 pm By JD Alois  |  

Stripe, the global payments platform, is partnering with Twitter to enable payments with cryptocurrency. In a blog post on Friday, Stripe said they are introducing crypto payouts for Connect. Stripe Connect is a set of programmable APIs and tools that allow a user to build… Read More

April 25, 2022 @ 3:24 pm By JD Alois  |  

Twitter, Inc. (NYSE:TWTR) has agreed to be acquired by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion, according to a statement by the company. The news ended several weeks of posturing by both sides following the news… Read More

April 25, 2022 @ 11:54 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) says it will “examine” nonbank firms that “pose risks to consumers.” The CFPB states that it is “invoking a largely unused legal provision” to pursue these investigations. While the Bureau states that it will examine these firms it has… Read More

April 25, 2022 @ 9:56 am By JD Alois  |  

‘Winning with Fintech’ The Confederation of British Industry (CBI) has called out Fintech as a key opportunity for the UK economy. In a speech today, CBI President Lord Bilimoria announced a new campaign to encourage more people to utilize Fintech and help boost the future… Read More

April 25, 2022 @ 9:18 am By JD Alois  |  

Digital asset marketplace Zipmex has announced a new partnership with the National Rugby League, A-League and community sports teams in Australia. The goal is to broaden exposure and understanding of crypto markets. The partnership includes professional teams Penrith Panthers Rugby League Football Club and Central… Read More

April 25, 2022 @ 9:07 am By JD Alois  |  

Nexio, a payments Fintech, has revealed a partnership with Chargebacks911 – a dispute technology specialist. Nexio points to research that indicates that every $1 in chargebacks costs a merchant $2.86. In addition to the liability and reputational threat imposed on merchants, chargebacks also bring expensive… Read More

April 25, 2022 @ 8:39 am By JD Alois  |  

Blockchain.com will utilize Standard Custody & Trust Company, LLC to provide custody and settlement of digital assets, according to a company statement. Standard Custody & Trust Company is an institutional-grade custody, trading, and settlement platform for digital assets. Blockchain.com provides trading in digital assets for… Read More